What Ocular does

Ocular is a Singapore-based crypto and Web3 investment fund that operates as a discretionary crypto pocket within Openspace Capital, a multi-stage asset manager focused on Southeast Asia. The fund pursues three core investment activities: equity investments in early-stage crypto startups, token investments in early-stage crypto projects, and allocations into crypto venture capital and hedge fund managers globally. Portfolio evidence includes participation in Mighty Bear Games' US$10 million round in 2022 and TrueNorth's US$3 million pre-seed in December 2024 alongside CyberFund, Delphi Labs, SNZ, and GSR.

The firm is operated by a small team (1-10 employees) that combines tech venture capital and data science backgrounds with long-standing immersion in the crypto community since 2017. Ocular monetizes through investment returns on equity and token positions rather than product or service revenue, and reaches founders through direct outreach, the Openspace network, and the Focal Point research publication. Focal Point functions as Ocular's thought-leadership platform, producing multi-year research on DeFi, NFTs, Layer-1/2 protocols, ZKApps (in joint work with Presto Research), decentralized infrastructure, prediction markets, and the AI/Web3 intersection, serving both as deal-flow generation and brand positioning within the global crypto ecosystem.

Name

Ocular

Legal name

Ocular

Website

https://ocular.vc

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Ocular is a Singapore-based crypto and Web3 investment fund managed by Openspace Capital, deploying equity and token capital into early-stage crypto startups, projects, and fund managers globally while publishing research through its Focal Point platform.

Ownership category

akta.pro rank

Product category

Venture Capital (Crypto and Web3)

NAICS

Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Investment Advice (6282)

akta.pro primary industry

Digital Assets / Crypto Fund of Funds (FSAHAKAL)

akta.pro secondary industries

Active Crypto Asset Managers (Discretionary) (FSADAHAA), Managed Accounts, Separately Managed Accounts (SMA) & Funds Platforms (Crypto) (FSADAHAM)

Keywords

• Crypto venture capital
• Web3 investment fund
• Token investments
• Early-stage crypto funding
• Blockchain equity investments

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Investment Returns: Ocular generates returns through equity and token investments in early-stage crypto startups and projects. The fund earns returns through capital appreciation and successful exits from its portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ocular is a Singapore-based crypto and Web3 investment fund managed by Openspace Capital that deploys capital across three vehicles: equity investments in early-stage crypto startups, token investments in early-stage crypto projects, and investments in crypto-focused venture capital and hedge funds. The fund supports founders building ambitious crypto/Web3 projects and provides capital plus strategic backing to crypto fund managers.

Product overview

Ocular is a crypto and Web3 investment fund managed by Openspace Capital, offering three core investment products: equity investments in early-stage crypto startups, token investments in early-stage crypto projects, and a hybrid crypto venture capital and hedge fund vehicle. The fund also publishes research through its Focal Point platform, covering topics including blockchain infrastructure, DeFi, NFTs, prediction markets, and Layer-1/2 protocols. The fund positions itself as having unique operational capabilities, on-ground investment team presence, and deep network in Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity Investments in Early-Stage Crypto Startups Equity capital provided to emerging cryptocurrency and blockchain startups in their early-stage funding rounds, suitable for founders building decentralized protocols, Web3 infrastructure, or crypto-native applications.
• Token Investments in Early-Stage Crypto Projects Token-based financing provided to early-stage decentralized crypto projects and protocols, enabling projects to raise capital via native tokens while accessing Ocular's investor network.
• Crypto Venture Capital and Hedge Fund Investments Investment vehicle combining venture capital and hedge fund strategies tailored for the crypto and Web3 ecosystem, providing capital commitments to crypto-focused fund managers.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Openspace CapitalcoreStrategic or Co-development PartnerOcular is managed by Openspace Capital, a leading multi-stage asset manager focused on Southeast Asia. Openspace Capital provides operational support, brand credibility, and investment infrastructure to Ocular.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Multicoin Capital: Thesis-driven crypto fund investing in tokens and equities of early-stage projects, with strong thought leadership content—closely aligned with Ocular's mandate and content strategy.
• Paradigm: Crypto research-driven investment firm making equity and token investments in early-stage crypto projects; shares Ocular's research-led, founder-friendly approach.
• Polychain Capital: Crypto-native fund of funds and direct investor that combines token and equity investing, mirroring Ocular's hybrid direct-plus-fund-of-funds structure.
• Pantera Capital: One of the earliest and largest crypto-focused investment firms, managing multiple venture and hedge fund vehicles across equity, token, and liquid token strategies—directly comparable to Ocular's three-pronged product set.

Broad incumbents

• Galaxy Digital: Diversified crypto financial services and asset management firm with venture, hedge fund, and trading operations; a much larger incumbent that overlaps substantially with Ocular's investment activities.
• Digital Currency Group: Vertically integrated crypto holding company with venture, hedge fund (Grayscale), and operating company investments; a broad incumbent with overlapping direct and indirect crypto investment activity.
• Andreessen Horowitz (Crypto Fund): Major crypto-focused vehicle of Andreessen Horowitz making equity and token investments; relevant comparison as a well-known, research-driven crypto investment franchise.
• Coinbase Ventures: Investment arm of a major crypto exchange, deploying capital across early-stage crypto startups and tokens globally; comparable in mandate though backed by a much larger platform.

Regional players

• Hashkey Capital: Asia-focused crypto venture and fund-of-funds manager with deep regional roots; comparable to Ocular's Southeast Asia focus and crypto VC/fund-of-funds products.
• Kenetic Capital: Asia-headquartered crypto venture fund making equity and token investments in early-stage projects; direct competitor in regional geography with similar fund structure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/ocularvc
• LinkedInlinkedin.com/company/ocular-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ocular